yahoo! lost $440 million

that is, if they had accounted for stock options using the fair-value method, rather than the intrinsic value method (which allowed them to report a profit of $42.8 million). i don't really know enough to come down firmly on the side of using the fair-value method, but seeing the half-billion dollar difference it can make, i'm not surprised it is controversial.


Well, I exercised a few options, but not THAT MANY!


» Jeremy Zawodny (link) » march 24, 2003 8:44pm

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